Retailers seize on Trump tariff fears and urge shoppers to buy now

There is a misconception that the countries exporting goods will bear the cost of the tariffs, but that is simply not true,

owner Sydney Arnold told the paper

Tariffs would likely be a higher tax on consumers – U.S. consumers,

Sinclair said

In his first term, President Trump instituted tariffs against China that created jobs, spurred investment, and resulted in no inflation,

spokesperson Karoline Leavitt said in a statement to The Independent

Justin Trudeauprime Minister

Our responsibility is to point out that he would not just be harming Canadians, who work so well with the United States, but he would actually be raising prices for Americans citizens as well and hurting American industry and business,

Trudeau said

Donald Trump's re-election will likely intensify the headwinds the global auto industry will face in an already challenging 2025,

the authors wrote

The hopeful interpretation now is that Mr. Trump is merely using tariffs again as a negotiating strategy to get these countries to help. If they act to reduce the flow of drugs and people, he’ll lift the tariff threat and claim political victory at home,

the board wrote this week

The other component of this is the price — the consumer prices. They will go up. Eh, you know what? Maybe they will.”

During a Fox Business panel discussion this week, for instance, anchor Cheryl Casone dismissively noted

I think if American companies are forced to buy American, it is going to cost more ultimately,

Banderas reacted

I mean, we are going to be buying the merchandise that they are going to have to raise the costs on because they’re not going to be buying from foreign countries. So ultimately, it does come down to the taxpayer dollar. We’ll see how that works.”

She continued

You want to allow drugs to come through our southern border? We’re going to tariff you,

he exclaimed

Let’s be realistic. I mean, a lot of American companies do not buy American. They do rely on a lot of merchandise that is purchased from other countries,

she said

Now is the time to snag these savings before new tariffs take effect.”

WalletHub analyst Chip Lupo told Newsweek

I'm having a pre-tariff ‘sale’ on all my stock bamboo frames from now until when they actually kick in,

the seller said

US farm exports are a big part of the US trade basket, and I think the farm lobby is already anticipating there to be some blowback,

the EIU’s Marro said

If we take Trump’s threats at face value, then it means come January 20, we will see prices rise immediately,

Nick Marro, lead analyst for global trade at the Economist Intelligence Unit (EIU), told Al Jazeera

Tariffs distort the marketplace and will raise prices along the supply chain, resulting in the consumer paying more at the checkout line,

the Produce Distributors Association, an industry trade group, said in a statement this week

If the tariffs go into effect at the levels that have been spoken about, retailers will have no choice but to put up prices,

GlobalData Managing Director Neil Saunders, told CBS News

If consumers panic about things getting more expensive, they are playing right into the hands of companies around the country to use it as an excuse to raise prices, even when it's not necessary,

said Cato Institute's Scott Lincicome

We've also got to remember that these tariffs have imposed costs on China far greater than they've imposed on the U.S.”

Chang continued

Our rods are built here but the supplies come from other places Japan in general. We will hold the line as long as we can, But we can say for certain this may be the last 'sale' you may see,

the retailer wrote on Facebook